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LCCI Beg Gornment Make Petrol Price Drop by 15 to 20 Per Cent

todayOctober 12, 2026 12

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Lagos Chamber of Commerce and Industry, LCCI, don ask federal gornment make dem reduce petrol price by 15 to 20 per cent within six months, so e go reduce di heavy cost of fuel and transport wey dey affect businesses and ordinary Nigerians.

LCCI Director-General, Dr Chinyere Almona, welcome gornment plan to control petrol price, including di proposed ₦1,350 per litre limit for petrol cost before e reach filling stations, but she tok say keeping price stable for high level no go give Nigerians enough relief.

Di chamber ask gornment make dem supply crude oil to local refineries steady, improve fuel storage and distribution, remove illegal charges, and provide more CNG buses and electric vehicles to make transport cheaper.

Almona add say gornment must make clear rules for di plan and reduce di cost of doing business, as di main aim suppose be to make petrol cheaper, reduce transport cost and give Nigerians better relief.

Written by: Rilwan Agbomeji

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